India, Iran to discuss gas pipeline on Dec 28-29

MUMBAI (Reuters) – India and
Iran will hold bilateral talks this week in New Delhi to discuss the progress of a proposed $7 billion Iran-Pakistan-India pipeline and a separate liquefied natural gas deal between the two nations.

Iran’s deputy oil minister, Mohammad Hadi Nejad-Hosseinian, is scheduled to participate in these discussions on December 28 and 29, after arriving in India on Tuesday evening.
“The biggest challenge before us today is to find a way as to how do we structure the project in a consensual way,” an official from the Indian oil ministry, who did not wish to be identified, told Reuters on Monday.

The official said the three countries had mutually agreed to set a four- to six-month target to finalize the tripartite agreement on the natural gas pipeline project.

Reuters